The latest update is out from Windward Ltd. ( (GB:WNWD) ).
Windward Ltd. announced an update regarding its acquisition by Octopus UK Bidco Limited, highlighting the arrangements for Israeli withholding tax exemptions for non-Israeli shareholders. The company has established a Tax Portal to facilitate the process, and engaged PwC to assist significant shareholders with obtaining tax exemption certificates. The acquisition’s completion has been delayed, with a new timeline set for March 18, 2025, and payments to shareholders expected to commence on April 1, 2025.
More about Windward Ltd.
Windward Ltd. operates in the maritime technology industry, providing predictive intelligence and analytics services to enhance maritime safety and operational efficiency. The company focuses on leveraging artificial intelligence and big data to offer solutions for shipping companies, governments, and other stakeholders in the maritime sector.
YTD Price Performance: -2.64%
Average Trading Volume: 257,474
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £179.1M
For detailed information about WNWD stock, go to TipRanks’ Stock Analysis page.